Raises

Brokers’ take: Maybank raises Sea’s target price to US0 on higher earnings estimate  
Brokers’ take: Maybank raises Sea’s target price to US$110 on higher earnings estimate  
October 9, 2024
MAYBANK Securities has raised its target price for the Internet company Sea by 15 per cent to US$110, from US$96 previously, while reiterating its “buy” call on the counter. The...
Britain’s Tesco raises annual profit outlook after strong first-half
Britain’s Tesco raises annual profit outlook after strong first-half
October 3, 2024
TESCO raised its annual profit forecast on Thursday (Oct 3) as Britain’s biggest supermarket group won market share in its first half, giving it momentum ahead of the key...
Saudi Aramco raises US billion from second debt sale since July
Saudi Aramco raises US$3 billion from second debt sale since July
September 26, 2024
State oil giant Saudi Aramco has raised US$3 billion from two-part Islamic bonds, or sukuk, tapping the debt markets for the second time this year as it expects to...
Tesla’s potential ‘best quarter’ in China raises expectations
Tesla’s potential ‘best quarter’ in China raises expectations
September 25, 2024
WITH Tesla possibly looking at its “best quarter ever” in China, Wall Street pros are rushing to increase their outlooks for the electric vehicle (EV) maker’s quarterly sales.At least...
First Sponsor raises S4 million from oversubscribed rights issue
First Sponsor raises S$244 million from oversubscribed rights issue
September 25, 2024
It intends to use net proceeds to fund expansion plans, strengthen financial position and capital baseMAINBOARD-LISTED property developer First Sponsor Group on Wednesday (Sep 25) said it raised gross...
Meituan raises US.5 billion in dollar bonds in China’s first tech debt deal of 2024
Meituan raises US$2.5 billion in dollar bonds in China’s first tech debt deal of 2024
September 25, 2024
MEITUAN, China’s biggest delivery platform, has raised US$2.5 billion in a two-tranche US dollar bond deal, according to its regulatory filings on Wednesday (Sep 25), in the country’s first...
Diddy’s 2020 Video with “Adopted” Daughter Raises Questions About Her Whereabout Amid Home Raids
September 24, 2024
A video from 2020 featuring Sean "Diddy" Combs introducing a young girl named Ava Baroni as his "adopted daughter" has resurfaced online, sparking questions and concerns amidst recent raids...
Toyota raises buyback to 1.2 trillion yen, citing share levels
Toyota raises buyback to 1.2 trillion yen, citing share levels
September 24, 2024
TOYOTA Motor bumped up the size of its share buyback to 1.2 trillion yen (S$11 billion) as the world’s largest carmaker enjoys strong demand in Japan and Europe. The Japanese...
Brookfield fund raises US.4 billion for clean energy investment
Brookfield fund raises US$2.4 billion for clean energy investment
September 24, 2024
BROOKFIELD Asset Management (Brookfield) announced an initial closing of US$2.4 billion for its Catalytic Transition Fund (CTF) to drive clean energy and transition asset investments in emerging markets across...
Brokers’ take: RHB raises ST Engineering’s target on upbeat earnings outlook
Brokers’ take: RHB raises ST Engineering’s target on upbeat earnings outlook
September 18, 2024
RHB raised its target price on Singapore Technologies Engineering (ST Engineering) to S$5.32 from S$5 after rolling forward its valuation base year to fiscal year 2025. It has a...